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10 Biggest Raises by Australian Startups in 2017

Airwallex

The Melbourne installment fintech pulled in a portion of the greatest names in the division, like Mastercard, Sequoia Capital China, and Tencent Holdings for its blockbuster capital bringing the round-up in May. The startup is in the lucky position of approaching a license in China to lead global transactions something that not, in any case, Western Union has possessed the capacity to do. They have raised around 17.4 million dollars.

ZipMoney

At the point when buy-now-pay-later fintech startup zipMoney raised $40 million from big four banks Westpac, founder Larry Diamond said that it was a transitioning for fintech there in Australia, flagging that big banks are now ready regarding putting resources into smaller money related players. The founder additionally said the assets would be utilized to “triple down” on contracting staff in the informal investigation and handling space, with the organization presently centered around the Australian and New Zealand markets.

GreenSync

The central government’s Clean Energy Finance Corporation specifically tipped $5 million into the January capital raising round for this power grid tech startup. The January bargain saw that coordinated by the Southern Cross Renewable Energy Fund, which the government also contributes to, alongside Softbank China Venture Capital. The rest of the $1.5 million originated from private investors. They have raised 11.5 million dollars.

ROKT

Marketing tech startup ROKT initially raised a $19.4 million in Series B funding round in February this year however then uncovered in June it had grown an extra $15.1 million, bringing the aggregate sum raised in the Series B up to just shy of $35 million. ROKT co-founder Ben Voltz gave his best tips to aspiring entrepreneurs, which he gained from building ROKT out of a small and basic marketing company started in his co-founder’s house in Sydney.

Unlockd

The Melbourne mobile publicizing tech startup anchored the colossal arrangement B with the goal that it could dispatch into new Asian markets, a continent that it has just had some achievement in. The organization even tricked the woman who set up Twitter’s Asia business, Aliza Knox, to do likewise for its business that gives mobile clients credit as a byproduct of survey ads on lock screens. Unlockd raised around $30.7 million.

 

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